BollingerWorm !!!

Do you feel BolligerWorm better than BollingerBand?

  • YES

    Votes: 73 70.2%

  • NO

    Votes: 31 29.8%
  • Total voters
    104
columbus

columbus

Well-Known Member
#541
#541
1.Use standard Bollinger Bands ,that is, bb(20,2).

2.Use ema2-HIGH and ema2-LOW to outline the body of the worm.

3.If the body comes out of bands & re-enters ,then make an ENTRY.

4.The EXIT is, if body comes out the other band and re-enters the body.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1) or just for guidance in normal case also.

6.If candles are sandwiched between UPPER bands BB(20,2) and BB (20,1)
ride the trend OR LOWER Bands of BB(20,2) and BB (20,1) ride the trend.
If either ema-2H or ema-2L is cut twice by either BB(20,2),BB(20,1) or
SMA-20 in quick succession ,it indicates a END of a trend.Continuation is
indicated if both ema-2H and ema-2L are cut by SMA-20 and/or BB(20,1)
and/or BB(20,2).

 
columbus

columbus

Well-Known Member
#542
#542
1.Use standard Bollinger Bands ,that is, bb(20,2).

2.Use ema2-HIGH and ema2-LOW to outline the body of the worm.

3.If the body comes out of bands & re-enters ,then make an ENTRY.

4.The EXIT is, if body comes out the other band and re-enters the body.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1) or just for guidance in normal case also.

6.If candles are sandwiched between UPPER bands BB(20,2) and BB (20,1)
ride the trend OR LOWER Bands of BB(20,2) and BB (20,1) ride the trend.
If either ema-2H or ema-2L is cut twice by either BB(20,2),BB(20,1) or
SMA-20 in quick succession ,it indicates a END of a trend.Continuation is
indicated if both ema-2H and ema-2L are cut by SMA-20 and/or BB(20,1)
and/or BB(20,2).

 
columbus

columbus

Well-Known Member
#544
#544
timepass said:
Why do you bother, Columbus. You could've simply copy/pasted yesterday's chart.

:D
Click to expand...
Yeah ,timepass, just action-reply of yesterday chart .
 
columbus

columbus

Well-Known Member
#545
#545
1.Use standard Bollinger Bands ,that is, bb(20,2).

2.Use ema2-HIGH and ema2-LOW to outline the body of the worm.

3.If the body comes out of bands & re-enters ,then make an ENTRY.

4.The EXIT is, if body comes out the other band and re-enters the body.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1) or just for guidance in normal case also.

6.If candles are sandwiched between UPPER bands BB(20,2) and BB (20,1)
ride the trend OR LOWER Bands of BB(20,2) and BB (20,1) ride the trend.
If either ema-2H or ema-2L is cut twice by either BB(20,2),BB(20,1) or
SMA-20 in quick succession ,it indicates a END of a trend.Continuation is
indicated if both ema-2H and ema-2L are cut by SMA-20 and/or BB(20,1)
and/or BB(20,2).

 
columbus

columbus

Well-Known Member
#546
#546
1.Use standard Bollinger Bands ,that is, bb(20,2).

2.Use ema2-HIGH and ema2-LOW to outline the body of the worm.

3.If the body comes out of bands & re-enters ,then make an ENTRY.

4.The EXIT is, if body comes out the other band and re-enters the body.

5.In case of extreme Bullishness/extreme Bearishness another
pair is used pertaining to BB(20,1) or just for guidance in normal case also.

6.If candles are sandwiched between UPPER bands BB(20,2) and BB (20,1)
ride the trend OR LOWER Bands of BB(20,2) and BB (20,1) ride the trend.
If either ema-2H or ema-2L is cut twice by either BB(20,2),BB(20,1) or
SMA-20 in quick succession ,it indicates a END of a trend.Continuation is
indicated if both ema-2H and ema-2L are cut by SMA-20 and/or BB(20,1)
and/or BB(20,2).


 
columbus

columbus

Well-Known Member
#548
#548
timepass

timepass

Moderator
#549
#549
columbus said:
Yeah,timepass.Curious to know ,how do you keep all this stuff in the memory.
(not recent ,but all old data????)
Click to expand...
I don't, Sirji, you do, in this thread. This weekend I was going over the 600 odd pts rise during the last days of June, and went over the worm images of June 20-25.. I was wondering if the pattern is going to repeat now, with the stochs divergence on the daily. Also, at that time there was a strong bearish pattern (June16-20) on the daily candles, and then a bullish gap up a day or two later... just as there was a bearish pattern on the candles (Sep30 + Oct 3) and bullishness now..

Edit : This is perhaps the only thread on traderji where one can see historical intraday chart of NF 5 min.
 
columbus

columbus

Well-Known Member
#550
#550
timepass said:
I don't, Sirji, you do, in this thread. This weekend I was going over the 600 odd pts rise during the last days of June, and went over the worm images of June 20-25.. I was wondering if the pattern is going to repeat now, with the stochs divergence on the daily. Also, at that time there was a strong bearish pattern (June16-20) on the daily candles, and then a bullish gap up a day or two later... just as there was a bearish pattern on the candles (Sep30 + Oct 3) and bullishness now..

Edit : This is perhaps the only thread on traderji where one can see historical intraday chart of NF 5 min.
Click to expand...
timepass,I see.What is your experience with Stoch? Stoch with RSI is good.
Basically I want to keep this thread as Database thread also.Previously
Bollinger Bands used to be a database thread before it became a EOD
thread.
 
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